Realty Income Co. (NYSE:O) Shares Purchased by Nwam LLC

Nwam LLC increased its position in shares of Realty Income Co. (NYSE:O) by 5.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,007 shares of the real estate investment trust’s stock after acquiring an additional 914 shares during the period. Nwam LLC’s holdings in Realty Income were worth $962,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Trust Co. of Vermont increased its stake in Realty Income by 12.7% in the 4th quarter. Trust Co. of Vermont now owns 253,503 shares of the real estate investment trust’s stock worth $13,540,000 after purchasing an additional 28,480 shares in the last quarter. Atlanta Consulting Group Advisors LLC purchased a new position in Realty Income in the 3rd quarter worth about $896,000. Charles Schwab Investment Management Inc. increased its stake in Realty Income by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,729,229 shares of the real estate investment trust’s stock worth $617,028,000 after purchasing an additional 463,286 shares in the last quarter. Asset Management One Co. Ltd. increased its stake in Realty Income by 6.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 1,782,196 shares of the real estate investment trust’s stock worth $93,850,000 after purchasing an additional 101,184 shares in the last quarter. Finally, Swiss National Bank increased its stake in Realty Income by 1.4% in the 3rd quarter. Swiss National Bank now owns 2,584,694 shares of the real estate investment trust’s stock worth $163,921,000 after purchasing an additional 35,100 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Stock Up 0.8 %

Shares of Realty Income stock opened at $57.03 on Friday. The firm has a market cap of $49.91 billion, a price-to-earnings ratio of 54.31, a P/E/G ratio of 2.10 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. Realty Income Co. has a 52-week low of $50.65 and a 52-week high of $64.88. The stock has a 50-day simple moving average of $54.25 and a 200-day simple moving average of $57.95.

Realty Income (NYSE:O) last announced its quarterly earnings results on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.01). The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. On average, equities research analysts expect that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The business also recently announced a mar 25 dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be issued a $0.268 dividend. This is a positive change from Realty Income’s previous mar 25 dividend of $0.26. This represents a yield of 5.7%. The ex-dividend date is Monday, March 3rd. Realty Income’s payout ratio is 327.55%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. BNP Paribas cut Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price target on the stock. in a research note on Tuesday. Stifel Nicolaus lowered their target price on Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Royal Bank of Canada lowered their target price on Realty Income from $62.00 to $60.00 and set an “outperform” rating on the stock in a research note on Wednesday. Mizuho lowered their target price on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Finally, Scotiabank lowered their target price on Realty Income from $59.00 to $57.00 and set a “sector perform” rating on the stock in a research note on Friday. Eleven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $61.81.

Realty Income Company Profile

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.